Merced County (Calif.) Employees’ Retirement Association made two new commitments totaling $12.5 million, said Steven Bland, plan administrator, in an e-mail.
The $651 million pension fund committed $7.5 million to GSO Energy Opportunities Fund, managed by GSO Capital Partners, and $5 million to Taurus Mining Debt Fund, a natural resources fund managed by Taurus Funds Management.
Mr. Bland could not provide further information by press time.
